United States · Bill · S
S. 1909 (99th)
A bill to require the Secretary of the Treasury to notify Congress with respect to actions taken relating to investment of the assets of the Social Security Trust Funds.
Introduced
6 December 1985
Last action
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Status
Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to require the Managing Trustees of the Federal Old-Age and Survivors Insurance Trust Fund, Federal Disability Insurance Trust Fund, Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund to report to the Congress whenever the assets of such funds are not fully invested in accordance with, or are redeemed in variance from, standard investment procedures. Requires such report to include an estimate, to be revised upon reinvestment of the assets, of any interest loss or gain which might result from such action.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 6 December 1985
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/senate-bill/1909
- Open data entity: https://api.congress.gov/v3/bill/99/s/1909